PACS firm Merge eFilm of Milwaukee has completed its acquisition of all the assets of Solon, OH-based radiology information systems developer RIS Logic. The acquisition price of all RIS Logic shares was $2.725 million in cash plus 772,000 shares of Merge common stock and the issuance of replacement employee stock options.
RIS Logic will operate as a division of Merge eFilm, and will maintain its Cleveland office location. Dan Quigg, former RIS Logic president and CEO, will serve as president of the RIS Logic division.
By AuntMinnie.com staff writersJuly 18, 2003
Related Reading
Merge bids for RIS Logic, July 10, 2003
Merge eFilm sales, earnings climb, April 30, 2003
Merge integrator software available for download, April 22, 2003
Merge reports banner year, February 27, 2003
RIS Logic launches new version of CS software, June 9, 2003
Copyright © 2003 AuntMinnie.com